Year Fifteen
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Placed in service 2011

Alabama tax credit properties at Year 15 in 2025

HUD's database lists 12 Alabama properties placed in service in 2011, with 625 apartments (625 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 unless the agreement says later.

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026, projects placed in service through 2024), with HUD's 2024 data dictionary. "Allocated" is the year the agency allocated credits, often a year or more before the property opened. Compliance and extended-use years are estimates from the placed-in-service year; an owner may have started credits a year later, buildings in one project can differ, and extended use shown is the federal minimum; where the agency reported a period over 30 years, it's noted. "No longer monitored" means the agency flagged the property as out of its LIHTC monitoring.
PropertyCreditUnitsLow-incomeAllocatedCompliance endsExtended use at least to
Grace Ridge
826 Grace Ridge Dr, Auburn 36830		9%565620112025 or 20262040 or 2041
Savannah Gardens
1445 Brown St, Boaz 35957		9%525220112025 or 20262040 or 2041
Hallson Manor
12654 Alabama St, Elberta 36530		9%565620112025 or 20262040 or 2041
Cypress Landing
101 Cypress Landing Pl, Florence 35633		9%565620112025 or 20262040 or 2041
Canterbury Apts
6400 Al Hwy 14, Greensboro 36744		TCEP only474720082025 or 20262040 or 2041
Windsor Apts
110 Elm St, Jackson 36545		TCEP only474720082025 or 20262040 or 2041
Village At Blackwell Farm
105 Village Dr, Jasper 35504		9%484820112025 or 20262040 or 2041
Perry Ridge Apts
1005 Fikes Ferry Rd, Marion 36756		TCEP only474720082025 or 20262040 or 2041
Providence Place Apts
3503 38th St, Northport 35473		9%565620102025 or 20262040 or 2041
Coosa Village Apts
58 Elizabeth Ln, Sylacauga 35150		9%565620112025 or 20262040 or 2041
Sullivan Village Apts
104 Carrie Ln, Tuscumbia 		9%565620112025 or 20262040 or 2041
Fords Mill Apts
2009 40th St, Valley 36854		9%484820112025 or 20262040 or 2041

Watch one of these properties

Pick a property and we'll email when it moves closer to Year 15 (inside two years, then inside one) or when HUD's record for it changes in a new release. Every Alabama property is in the download on the data page.

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All 13,244 properties as CSV or JSON: Year 15 data download.

What Year 15 changes for these owners

Once the compliance period closes, credit recapture no longer applies, and a right of first refusal held by a nonprofit, a tenant group or a government agency can let it buy for as little as the minimum price in IRC 42(i)(7): the debt not taken on in the five years before the sale, plus the taxes the sale triggers. With the credits claimed and recapture behind them, investor partners have little reason to stay in. The property still owes at least 15 more years of extended use, and unless the agreement or state law rules it out, the owner can ask the agency for a qualified contract after year 14. States can set longer extended use or bar qualified contract requests in their regulatory agreements, so read the recorded agreement for any property here.

Check the exact dates for one property in the compliance timeline calculator, or work the exit numbers in the Year 15 exit and refinance calculator.

Other years in Alabama: 2023, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.